← Medusa Bar And Lounge /

Financials

MB1075822
Dashboard › Medusa Bar And Lounge › Financial Intelligence

Medusa Bar And Lounge

706 W 6TH ST, Austin, TX 78701 · TABC MB1075822

Mixed Beverage Austin Market Enriched 2026-09-12
$222,032 Annual gross (L12M) — 0.0% latest MoM Click for monthly detail
$18,503 Avg monthly ▲ 33.7% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $49,735/yr est. net Click for cost model
$124k–$174k Est. acquisition range 0.67× annual gross (blended) Click for valuation methods
Liquor sales only — total revenue is higher
Every dollar on this page comes from Mixed Beverage Gross Receipts filings — the alcohol portion of total sales. For a Bar, liquor is typically only 90–100% of total business revenue. Mostly liquor — our number is ~total revenue. Estimated total revenue (rough): $222,032 – $246,702/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Medusa Bar And Lounge My bars

Executive Summary

Click to expand full narrative

Medusa Bar And Lounge is a mixed-beverage licensed establishment at 706 W 6TH ST, Austin, Texas (TABC MB1075822). Over the most recent 12 months it reported $222,032 in gross alcohol sales, averaging $18,503/month with a best month of $24,740. Sales mix: ~83% liquor · 17% beer · 0% wine. The building at this address is owned by 706 W 6TH SERIES (9,868 sqft, $3,100,000 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $49,735 (~22% margin). Acquisition value is estimated at $124k–$174k across revenue-multiple, SDE-multiple, and cap-rate methods. All revenue figures are gross mixed-beverage receipts as filed with the Texas Comptroller; they exclude cash income such as cover charges, game machines, or merchandise.

Sales performance · last 12 months

Texas Comptroller mixed-beverage gross receipts actual

Annual gross
$222,032
Avg monthly
$18,503
Best month
$24,740
Jun 2026
Sales mix
83% Liq
17% Beer · 0% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID105358
Property owner (landlord)706 W 6TH SERIES
Total building SF9,868
Assessed value$3,100,000

Medusa Bar And Lounge's share

Est. base rent ~$8/sqft/yr · 2,500 sqft · Class A $1,685/mo
NNN CAM / insurance$253/mo
NNN property tax$1,309/mo
Personal property tax est — no BPP record $83/mo
Total occupancy $3,330/mo

Occupancy analysis

All-in occupancy cost is 18.0% of gross revenue. Industry benchmark for healthy bars is 6–10%; 12–15% is typical for premium submarkets; above 18% is unsustainable without very strong margins elsewhere.

Profit scenarios

Texas bar cost model applied to $222,032 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$222,032
COGS (24%)−$53,288
Labor (14%)−$31,084
Occupancy−$35,969
TX MB gross tax (6.7%)−$14,876
Utilities / ins / mktg (8%)−$17,763
Card surcharge net+$2,442
Net profit $71,494
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$222,032
COGS (27%)−$59,949
Labor (17%)−$37,745
Occupancy−$39,966
TX MB gross tax (6.7%)−$14,876
Utilities / ins / mktg (10%)−$22,203
Card surcharge net+$2,442
Net profit $49,735
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$222,032
COGS (30%)−$66,610
Labor (22%)−$48,847
Occupancy−$43,962
TX MB gross tax (6.7%)−$14,876
Utilities / ins / mktg (12%)−$26,644
Card surcharge net+$2,442
Net profit $23,535
Disclaimer: Revenue is mixed-beverage gross receipts from the Texas Comptroller — it does not include cash income like door charges, game machines, merchandise, or event rentals (which can add 10–25% for nightclubs). Cost ratios are industry benchmarks for Texas MB-permit bars. Rent is estimated from submarket comps; property tax is from county public records pro-rated by square footage. Actual profit depends on lease terms, staffing, owner salary, and one-time costs.

Owner income estimator

Split likely net profit across ownership estimated

TABC licensee Wyld Bar LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $49,735/year. Actual owner income depends on salary draws, distributions, debt service, and tax structure. Consult an accountant for actual income projections.

Acquisition value estimate

Based on most-likely scenario (~$49,735 net) estimated

Revenue multiple
$111k–$178k
0.5–0.8× gross
SDE multiple
$124k–$174k
2.5–3.5× earnings
Cap rate
$151k–$199k
25–33%
Suggested range
$124k–$174k
blended estimate
The numbers above are liquor-only: bar-style multiples applied to mixed-beverage receipts. They're the right answer for a pure bar/lounge — but for a restaurant, this is just one slice of total enterprise value (the bar program). See the food-business estimate below.

Federal court history

Public records · last checked 2026-07-07

No federal lawsuits — past or pending